GNOG - DraftKings Barstool and BetMGM prep for big March Madness run
Will it be March Madness or March Sadness for the sports world over the next few weeks?The ACC basketball tournament continues to be disrupted by COVID-19 issues with the Virginia vs. Georgia Tech semifinal canceled due to a positive case on Cavaliers basketball team. Duke was exited from the tournament yesterday due to a positive COVID-19 test. The sports betting sector is hoping that the NCAA March Madness tournament runs smoothly out of the Indianapolis-area bubble with expectations high that the highly-popular event will convert bracket players into app bettors. The NCAA tournament arrives with several states having just approved sports betting, including Illinois where the University of Illinois' team is a betting favorite and Loyola of Chicago is a sentimental favorite. Investments touching the sports betting/iGaming world include DraftKings (DKNG), William Hill (WIMHY), Fanduel/Flutter Entertainment (PDYPY),Caesars Entertainment (CZR), Penn National Gaming (PENN), Wynn Resorts (WYNN), MGM Resorts (MGM), Pointsbet
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DraftKings, Barstool and BetMGM prep for big March Madness run